The global nutraceuticals market is expected to reach a value of $302,306m by the year 2022, on the back of CAGR of 7.04%. But, according to new research, APAC is poised to outstrip the global growth average.
Net profits at supplements manufacturer Blackmores slumped by 42% in the first of half of the financial year, with the firm reporting reduced demand from Chinese ‘daigou’ shoppers who buy in Australia and then ship goods back to their homeland.
More than 20% of Indonesian homes are thought to experience the double burden of malnutrition – both undernutrition and overweight/obesity – with households of a higher socioeconomic status most at risk.
The US investment community has only a limited interest in investing in or acquiring dietary supplement brands, but interest in the sector from Chinese investors is expected to continue, says Nutrition Capital Network.
The man who has launched Australia’s first store selling vitamins solely via vending machines wants to launch hundreds more in locations across the country, while also expanding to overseas markets such as China, Singapore, India and New Zealand.
Reckitt Benckiser Group plc (RB) has confirmed it is in ‘advanced negotiations’ to acquire all Mead Johnson Nutrition shares for $90 each in cash, valuing Mead Johnson’s entire share capital at approximately $16.7bn.
Infant nutrition company Mead Johnson saw sales in Asia – its largest region – slip 9% year-on-year, 5% on a constant dollar basis, to $1.856bn – although the company recorded ‘strong sales growth’ in its key China market.
Hyderabad-based nutritional supplements maker Genmedic Healthcare Pvt Ltd received an investment boost from the ad-for-equity investment arm of media firm Bennett, Coleman and Company Ltd (BCCL), Brand Capital.
Like its more popular New Zealand version, Australian Manuka honey has also been found to contain powerful antibacterial properties, leading to hopes it could tap into the lucrative medicinal honey market.
Indian-based but global-facing herbals player OmniActive Health Technologies has won a $35 million (€33m) investment from venture capitalist Everstone Group, as it pursues expansion and acquisition targets.
Demand in Asia Pacific for for anti-aging supplements and products is driving global growth for antioxidants, presenting suppliers and manufactures with a lucrative opportunity to boost sales, new market research suggests.
Nutrition has the power to make or break the vast majority of the UN’s Sustainable Development Goals (SDGs) – but not enough nutrition or food firms are pledging to help solve the problems of hunger, malnutrition and micronutrient deficiencies.
Analysis of the top 20 claims of new health supplement launches in China between 2014-16 shows products targeting female and seniors are on the rise, with claims related to bone, cardiovascular and brain health increasing rapidly. But is this want consumers...
Minerals and dietary supplements are leading the nutrition industry’s charge in China, with vitamins lagging behind, according to a new report which suggests the total market will reach RMB124bn (USD$20bn) by the end of the year, up 12.2 % from 2015.
China has provided one of the few positive notes in Mead Johnson’s quarterly results, with bosses hailing “substantial progress” in the country, despite conceding that global growth would be slower than planned.
Net profits at Australian vitamin and supplement supplier Blackmores fell by 46.6% in the first quarter, with daigou sales – items bought by Chinese entrepreneurs in Australia to ship back to China – plummeting.
In the first instalment of NutraIngredients–Asia's Business Monitor, we keep tabs on the latest developments at the region’s leading nutrition and supplement firms, featuring Blackmores, Swisse Wellness and Ausnutria.